The year is 2024. MTGOX creditors' hope of regaining their BTC was dashed after Coinlab won 10X their value in court. Creditors are instead issued GOX, an asset on the EOS network w/ a market cap of -$15B LTC support is projected to be added in Two Weeks™https://www.ccn.com/revealed-a-bitcoin-billionaires-shocking-plan-to-revive-mt-gox-cryptos-most-notorious-exchange …
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Great then they can forget about the courts and take back their money via an EOS adjudication. Aren't trusted third parties grand?
The interesting thing here is that you can move the wealth to a centrally reversible platform like EOS and pretend that you're just transferring the money tlo a neutral vault, when actually it de facto deprives one court of jurisdiction and gives jurisdiction to EOS.
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One could call that... “piercing the decentralized veil”
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Nope, it's taking advantage of EOS's centralized adjudication. Piercing a pseudo-decentralized veil.
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“Pseudo” is a fancy way to say “fake”. Granted, I am an EOS supporter and there are some use cases for such protocols that aren’t inherently decentralized
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Its adjudication and transaction reversal procedures are centralized, and that is what is relevant here.
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There has never been a single transaction reversed on
#EOS. You are spreading misinformation. -
This is true,
@NickSzabo4 There has been considerable amount of misinformation in blockchain world. EOS needs to be understood better and being one of the avid follower of your work, we highly recommend you to spend more time on real information as compared to FUD headlines. -
So why don't you explain how the results of adjudication are enforced to us instead of calling names. pickkng nits, and misleading my readers?
End of conversation
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No hack required, just pulling a bait and switch by pretending that EOS works like a normal cryptocurrency is required.
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